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Largo Inc T.LGO

Alternate Symbol(s):  LGO

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology (VRFB). The Company is also engaged in the process of implementing a titanium dioxide pigment plant using feedstock sourced from its existing operations, in addition to advancing its United States-based clean energy division with its VCHARGE vanadium batteries. VPURE+ Flakes are used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries.


TSX:LGO - Post by User

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Post by reeJoeyon May 11, 2018 1:42am
221 Views
Post# 28016412

Stunning annual growth rate [80% CAGR]

Stunning annual growth rate [80% CAGR]for vanadium redox batteries. This article is focused on a very differer company (Stina Resources), which I also own, but this isn't a pump for that stock. I'm posting because the important facts here relating to demand for vanadium for batteries also has big implications for Largo--the guys who mine the stuff! This is the passage I like...... "Azure International in China says the market projection for VRB demand (by MW) in the top 10 countries is growing at an 80% CAGR from 2013 to 2020, which means there is more than 7,000 MW of vanadium-flow battery capacity needed in 2020."...... __________________ "My #1 Vanadium Stock Stina Resources by KEITH SCHAEFER on MARCH 23, 2018 Advertorial by Keith Schaefer Timing is everything in the Markets.And thats what I think makes Stina Resources one of the most compelling investments of the next year.You see, theyre buying one of the worlds leading vanadium battery suppliers, just as large-scale energy storage is starting its growth curve. This couldnt have been scripted better for investors. The founder of a large global machine tool company in Europe Gildemeister used a vanadium battery in his own solar plant factories. He liked it so much, he took on developing and marketing vanadium batteries as a pet project. And he met with great success! They built a very efficient battery, with many different sizes, and sold more than 100 units. They are now installed in Singapore, Siberia, Colorado and the Kalahari Desertamong dozens of other locations. But the battery company didnt make moneybecause it wasnt run like a business. It was an ethical R&D project for a wealthy businessman. So when the big Gildemeister machine tool company was sold, the new owners didnt want the energy market side, and put it up for sale. Now Stina Resources is taking it overjust as large scale energy storage is becoming one of the biggest investment themes of our time. To this day, Gildemeister batteriesbeing rebranded as Eneroxis one the leading vanadium battery companies in the world. Theres a management team in placewith over 30 employeesready to burst out of the doors to chase down and close dozens of sales leads on vanadium batteries around the world. While Gildemeister/Enerox sought financingthe Market came to them. A buzz started developing around vanadium batteries, which are more accurately called Vanadium Redox Flow Batteries, or VRBs.The world is realizing it needs this large-scale energy storage to make the push to renewableswind and solareconomic. I spoke with the new CEO of Enerox, Stefan Schauss, asking him where the biggest short term opportunity is for their VRBs. We see one big vertical market is the PV plus storage (PV = PhotoVoltaic, ie solar), he said over Skype from his office in Vienna, Austria. It goes very well in the combination. The solar plus storage is everywhere, because people have seen how solar can wreak havoc if it means uncontrolled delivery of energy to the grid. Storage is now mandated in many, many public tenders. Schauss says Enerox is well positioned for growth, with a pipeline of more than 100 projects worth about Euro 430 million (US $530 million). Now, nobody should think little Stina will generate 400 million or even 100 million Euro in revenue this year. But it does speak to the demand the company is seeing for its VRBs around the world. Especially with global projections for energy storage in the range of US $18 billion by 2023. With the vanadium redox flow battery, Stina is putting together the portfolio that we can deliver for the whole value chain in order to bring assets completely as a turn-key solution into the grid system. Being a research company for so long, the new Enerox has 19 active patent families, all developed in-house. The result is a plug & play cube, like you see in the picture above. Theres big ones (up to 10 MW) and small ones (100 KW) and customers can put as many of them together as neededits called clusteringto store as much energy as required. Its got a small footprint yet its very scalable, and what Schauss says that is really important is that its flexible for any environment. They have installations in both arctic and desert conditions. Im not sure Ive got across to you how different VRBs are from lithium and cobalt batteries. The energy in a VRB is in liquid form, an electrolyte, and as this fluid goes back forth across a membrane, it loses or gains electrons, generating electricity. It was developed in the mid-2000s, then trialed and tested in the early years of this decade and has been getting early adopter installations since 2015. VRBs are discreet, theyre scalable, they last for 20 years with little or no maintenance, they can be recycled to then go another 20 years. They create very green electricity for remote communities and they let renewable energy be seamlessly integrated into the modern world. So they can be used everywhere. VRBs are much bigger in Asia right now than North America. The most notable vanadium-flow battery is probably a 200 MW system being built on the Dalian peninsula in China, which will serve 7 million residents. Costing $500 million, itll be used to peak-shave approximately 8% of Dalians expected load by 2020, which means the VRB system will be used in peak usage times instead of building expensive and huge gas-fired peaker plants. This battery system will be the worlds largest, and it will single-handedly triple Chinas grid-connected battery storage capacity. Azure International in China says the market projection for VRB demand (by MW) in the top 10 countries is growing at an 80% CAGR from 2013 to 2020, which means there is more than 7,000 MW of vanadium-flow battery capacity needed in 2020. I want to tell you a couple other quick points about Stina before you go back to your trading day. 1. The public company management team is right now in the process of closing the Enerox CellCube purchase. 2. They also recently bought a power control company in Edmonton that will do $15-25 million in revenue in the next 12 months and internalize a lot of the work Enerox does in North America. 3. Stina actually owns one of the largest, highest grade vanadium deposits in the world, located in Nevada. At some point I can see that getting spun out, giving shareholders two companies for the price of one today. And that alone could be worth the market cap of the company today, as the price of vanadium is already rising as fast as lithium and cobalt are. Ive got a big position hereover 1 million shares and warrants combinedbecause I see management thinking BIG. Theyre buying Enerox for a song just as VRBs and large-scale energy storage hits The Big Time. Theres a huge sales funnel full to the brim, and a large-scale energy storage market that is coming around to meet them head-on. Its Perfect Timing. Management at Stina Resources has reviewed and sponsored this story. The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom. Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter.".................... link................ https://oilandgas-investments.com/2018/top-stories/my-1-vanadium-stock-stina-resources/
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